XE Market Analysis: Asia – Jun 27, 2017

The dollar fell against the European majors and the CAD in N.Y. on Tuesday, with EUR-USD printing 10-month highs of 1.1343 following hawkish comments from ECB chief Draghi. Cable was dragged higher as well, topping 1.2800 for the first time in over a week. USD-CAD was pressured lower by a rebound in WTI crude prices, while USD-JPY, the only major dollar pairing to advance was USD-JPY, which made six-week highs of 112.46. Hawkish Fedspeak was behind the rally.[EUR, USD]

Source: XE news feed
XE Market Analysis: Asia – Jun 27, 2017